I have had a great last few of years investing. Thinking this over I give credit to stocks purchased after interest was gained from reading the posts on some stock forums. It all started with reading on ASF about AOE. I was lucky and purchased these near the bottom, traded them a little, sold at a good price and within 18 months had a 400%+ return. Then there was ADI. Initially I purchased 5000 ADI. I have followed its progress and its lack of progress on Stock chat forums and traded according to sentiment and ended up with hundreds of thousands of ADI to show for my original 5000.
Then there were shares like LYC, OZL, SMY, OSH, , AGM, YTL, AZR to name a few, that were very kind to me. All the time I invested or traded these I was able to get more information from stock forums than from news items or company announcements.
Now I am working on CER, CNP, LYC, ADI, BUL, CFE, EDE, TAS, VPG, etc and never do anything with them without referring to all the chat first. They are my favourite stocks for 2010.
CER. The nett value, after debt, of their assets is way below their replacement costs. They have not traded at a loss or near a loss right through this trying time and I see no reason why they will not continue to trade profitably. Their bricks and mortar will increase in value through inflation if for no other reason.
LYC. Had trouble with funding but is now fully funded to production. Will establish itself as a dominant force in the rare earth sector. Rare earths are the next resource to boom.
ADI. Still a spec stock but could have a great future in oil and gas. Not expensive.
BUL. BUL has large areas with major coal seam gas potential. They also have credible partners in Stanwell (power generation) and Kogas ( a large Korean gas company).
CFE. CFE seem to be on a money making treck. The value of their assets have a cash value well in excess of the MC. A 10c dividend looks certain this year. Companies and shares in companies bought at the very bottom are being sold or spun off at quite profitable prices and new ventures look like being great money earners.
CNP and VPG. Similar to CER
EDE. The technology that EDE have under its control with Hythane, the trials under way with Hythane as fuel and the potential for the sale of Hythane in the USA and India place EDE beyond the development stage and near the production and sales stage.
TAS. TAS is still a spec stock but it has a lot of interests, including a major shareholding in EDE. It has great lease areas prospective for copper and uranium along with other interests any one of which could be a company maker.
Some will see this as a ramp. So be it. Some see every favaouable post on a stock as an up ramp and criticism as a down ramp. I look at each post as information, do my own research and make my own decision. I expect others to do the same.
I'm interested in other peoples favourite stocks for 2010. I'm hoping for a couple of good tips to add to mine.
Make ASF a real stock forum. There is more to discuss here than whales.